The Bergen $2Mil +cash was used to pay back the bank debt of $3mil. you can see it in the last quarterly... Pay out the big shark before the house fell down so you don't have to might of a bank chasing after you.
Smart move Joe.....
Good research though mate, Just disappointed many of us got suckered in by the glittering headlines on Joes false announcements... I know I did. $95 Mil deal, MC of only 10Mil, what an opportunity!!!
Definitely VA for sure is the next step. I would like to know Bergens thoughts on this, if they have been duped or if they knew all along and are playing the long game for the patent insurance as you suggest...
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